Professors Creed and Dorado BUS 445: Study questions to use to prepare for chapter 3 (Ice Fili case) Goals: to practice SWOT analysis and value chain analysis What are Ice-Fili’s? Strengths: Weaknesses: Opportunities: Threats: After looking at Figure 3.2, answer: What are your conclusions about Ice-Fili’s overall business situation? What actions do you recommend for improving its strategy? List for Nestlé’s ice cream operation in Russian: Strengths: Weaknesses: Opportunities: Threats: After looking at Figure 3.2, answer: What are your conclusions about the overall business situation of Nestlé’s ice-cream operation in Russia? What actions do you recommend for improving its strategy? Using figures 3.3 and 3.4 as models, diagram the ice cream industry value chain and locate Ice-Fili on it. What would be the strategic benefits of Ice-Fili’s making changes in its value chain as it attempts to create competitive advantage in the ice cream industry?